In a joint commentary, SMU Associate Dean of Postgraduate Programmes and Professor of Finance (Education) Benedict Koh and Joelle H Fong, Assistant Professor at the Lee Kuan Yew School of Public Policy, NUS discussed the findings of a new study which revealed a clear link between trust and pension behaviours of older Singaporeans. The new study, published in the Journal of the Economics of Ageing in 2020, found that older Singaporeans who trust Central Provident Fund (CPF) representatives have larger CPF balances, and are also more likely to invest through the CPF Investment Scheme programme, compared to Singaporeans who do not. The large-scale survey, conducted in 2018-2019 through the Singapore Life Panel at SMU, was undertaken alongside collaborators from NUS and The Wharton School.